iShares MSCI France ETF offers cheap, diversified exposure to top French stocks with a 2.6% yield.

The iShares MSCI France ETF (EWQ) provides an affordable way to invest in high-quality French blue-chip stocks, trading at a lower price-to-earnings ratio (17.85x) compared to the S&P 500 (30x). Its portfolio is heavily weighted towards industrials, benefiting from France's low energy costs due to nuclear power, and includes major companies like TotalEnergies, LVMH, and Airbus. EWQ offers diversification away from US tech stocks, a 2.6% dividend yield, and is positioned for long-term value as the valuation gap between US and French stocks may narrow in the future.